Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16002 Huffmeister Rd Cypress, TX 77429

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,590,000

    Development opportunity in Cypress, TX with high visibility.

    Lot size:
    3.27 Acres

    Property Features for 16002 Huffmeister Rd

    General Information

    Lot size
    3.27 Acres

    We can help!

    Listing Contact
    Tyler Torres
    Tyler Torres
    Source: Moodyscre

    Listing Agent: Tyler Torres

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Unrestricted Land on Huffmeister Road

    This is a ±3.27 acre development opportunity located on Huffmeister Road in Cypress, TX. The site is unrestricted and divisible, offering the potential for multiple pad sites. The property benefits from excellent visibility and approximately 550 feet of frontage on Huffmeister Road. It is situated 0.9 miles from Telge Road and approximately 3 miles from U.S. 290. The location experiences an average of 10,300 vehicles per day on Huffmeister Road. The property is located in a dense residential area, adjacent to the Stablewood Farms and Northlake Forest neighborhoods. According to FEMA, the site is located in a 500-year floodplain. Two Municipal Utility Districts (MUDs), HCM 389 and NWHM 10, are located nearby. The property is situated in Harris County and within the Cypress-Fairbanks Independent School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.666954
    Latitude
    29.987783

    Nearby Similar for Sale

    • $5,200,000
      1.23 Acres

      Space City Car Wash Express

      Car wash business with express tunnel and detailing services.
      17955 Huffmeister Rd, Cypress, TX 77429
      View Details
    • $215,000
      625 SF

      Luxury Executive Office Condo

      Recently built 625 sqft office condo near US Hwy 290.
      17844 Mound Rd, Cypress, TX
      View Details
    • Contact for pricing
      7,400 SF

      Cypress Automotive Shop on Acreage

      7,400 SF auto shop on 7.17 acres for sale.
      14008 Huffmeister Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Facility with Office/Warehouse

      Office/warehouse with stabilized yard and expansion potential in growing corridor.
      14725 Boudreaux Rd, Cypress, TX 77429
      View Details
    • $1,880,000
      10,136 SF

      Cypress Property with Multiple Buildings

      Versatile property ideal for office, assisted living, or school.
      17018 Grant Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      30,000 SF

      Freestanding Office Warehouse with Cranes

      30,000 SF office warehouse with cranes for sale.
      18635 Telge Rd, Cypress, TX 77429
      View Details
    • $429,900

      Starwood Farms Investment Property

      Investment property in Cypress with long-term tenants and community amenities.
      12603 Telge Rd 26 E-F, Cypress, TX 77429
      View Details
    • $600,000

      Ravensway Fourplex with Recent Updates

      Charming fourplex in Ravensway with recent renovations and desirable amenities.
      13603 Ravensway Dr, Cypress, TX 77429
      View Details
    • $2,500,000
      7,332 SF

      Cypress Office Building For Sale

      Two-suite office building in Cypress, TX, near Highway 290.
      11960 Barker Cypress Rd, Cypress, TX 77433
      View Details
    • Contact for pricing
      13,842 SF

      Northwest Houston Freestanding Building

      13,842 SF building with office and warehouse space.
      13903 Huffmeister Rd, Cypress, TX 77429
      View Details
    • $3,750,000

      Cypress Warehouse with Renovated Showroom

      8,503 SF warehouse with showroom on 3.4 acres.
      23738 Northwest Fwy, Cypress, TX 77429
      View Details
    • $3,600,000
      6,216 SF

      Turnkey Auto Repair Shop Cypress

      Turnkey auto repair shop on 1.04 AC in Cypress, TX.
      20203 Fm 529 Rd, Cypress, TX 77433
      View Details

    FAQs

    What type of property is this?
    Land - Development opportunity in Cypress, TX with high visibility.
    Where is this land located?
    The property is located at 16002 Huffmeister Rd Cypress, TX.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: - Unrestricted ±3.27 acre development opportunity.; - Excellent visibility with **550 feet of Frontage on Huffmeister Road.**; - High traffic count: 10,300 vehicles per day.
    (281) 898-0895
    Request Owner's contact information
    16002 Huffmeister Rd Cypress, TX 77429
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16002 Huffmeister Rd
    Cypress, TX 77429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16002 Huffmeister Rd Cypress, TX 77429
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tyler Torres
    Tyler Torres
    Real Estate License ID: TX 667430
    (281) 898-0895
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.